Appendix P-4
Serial No.________
Name of Pawnshop
Address and Telephone Number
Original
Taxpayer Identification Number
Business Days and Hours
Date Loan Granted:
Maturity Date:
Expiry Date of Redemption:
Mr./Ms. ____________________________________ a resident of _____________________________ for a loan of PESOS ______________________________________
(No./Street/Barangay/Town or City/Province)
________________________ (P ________ ) with an interest of ___ percent ( ___ %) for (____ days/month), has pledged to this Pawnee, as security for the loan, article(s)
described below appraised at PESOS ____________________________________________________________________ (P __________ ) subject to the terms and
conditions stated on the reverse side hereof. Penalty interest, if any : ___________________ .
Description of the Pawn
Principal
P
Interest
Service Charge
Net Proceeds
P
Effective Interest Rate in Percent
Please Check:
Per Annum  Per Month  (Others) 
ID presented :
_______________________
(Signature or Thumbmark of Pawner)
Contact Number : __________________
(Signature of Pawnshop’s Authorized Representative)
PAWNER IS ADVISED TO READ AND UNDERSTAND THE TERMS AND CONDITIONS ON THE REVERSE SIDE HEREOF
____________
TERMS AND CONDITIONS OF STANDARD PAWN TICKET
1. The pawner hereby accepts the pawnshop’s appraisal as proper.
2. The pawner agrees on the interest rates imposed in this contract of pledge. In case of
dispute, the regular courts of law have the vested power to determine the
reasonableness and legality of interest rates. The pawnshop hereby agrees not to
collect advance interest for a period of more than one (1) year.
3. The service charge is equivalent to one percent (1%) of the principal loan, but shall not
exceed five pesos (P5.00). No other charges shall be collected.
4. This loan is renewable for such amount and period as may be agreed upon between the
pawnshop and the pawner subject to the same requirements for a new loan.
5. Upon maturity of this loan, as indicated on the face of this pawn ticket, the pawner has
ninety (90) days from maturity date within which to redeem the pawn by paying the
principal loan plus the interest that shall have accrued thereon.
6. The amount of interest due and payable after the maturity date of the loan up to the
redemption period shall be computed upon redemption at the rate of provided above
based on the sum of the principal loan and interest earned as of the date of maturity.
Any additional penalty and/or interest shall also be computed in the same manner.
7. The pawnshop shall notify the pawner of any change in its business address/ location
through: (1) publication in English and in Filipino or in the local dialect in two (2) daily
newspapers of general circulation in the city or municipality where the pawnshop is
closing business; and (2) posting in English and Filipino or in the local dialect for one (1)
month after date of publication in a conspicuous place in the premises to be vacated and
to be transferred to.
8. The pawner and the pawnshop agree that the notice of auction sale shall be delivered
via e-mail, SMS, fax or registered mail or courier at
______________________________________________________. (check box of
agreed mode and indicate the email address; mobile phone no.; fax no; or complete
residential address, as may be appropriate, in the space provided). In case no mode of
notification is agreed upon, the default shall be via ordinary mail. The pawnshop shall
have the right to sell or dispose of the pawn in public auction if the pawner fails to
redeem the pawn within the ninety (90) day grace period.
The pawnshop shall send the reminder on or before the expiration of the ninety (90) day
grace period.
9.
10.
11.
12.
13.
14.
15.
Appendix P-4a
The pawner shall advise the pawnshop of any change of address/mobile phone
number/e-mail address/fax number.
This ticket shall be surrendered at maturity date upon payment of the loan. In case of
loss or destruction of this ticket, the pawner hereby undertakes to personally present
an affidavit to the pawnshop before the redemption period expires. The pawnshop
has two (2) days to decide whether to accept: (1) the affidavit in place of the original
pawn ticket; or (2) to issue a substitute pawn ticket, thereby cancelling the original.
In case of pre-payment of this loan by pawner, the interest collected in advance shall
accrue in full to the pawnshop.
The pawner shall not be entitled to the excess of the public auction sale price over
the amount of principal, interest and service fee; neither shall the pawnshop be
entitled to recover the deficiency from the pawner.
The pawner declares under the penalty of the Anti-Fencing Law that he is the owner
of the property subject of this contract.
The pawnshop shall exercise reasonable care and caution that an ordinary prudent
person would as to his own property over the thing pawned in accordance with
Republic Act No. 386 (Civil Code of the Philippines), as amended. Accordingly, the
pawnshop shall insure all pawned items, except those which are kept inside a
fireproof vault, in accordance with the pertinent regulations of the Bangko Sentral ng
Pilipinas. Claims for restitution by pawners in case of loss, destruction or defect of
the pawn due to robbery, fire and other fortuitous event, with or without the fault or
negligence of the pawnshop, its owner, managing partner, directors and officers are
cognizable by the regular courts.
The pawnee shall not be liable for the loss or damage of the article pawned due to
fortuitous events or force majeure. When the loss is due to the fault and/or
negligence of the pawnee, the amount of its liability, if any, shall be limited to the
appraised value appearing on the face hereof.
Pawner’s/Authorized Representive’s Signature over Printed Name
Appendix P-4b
Page 1 of 2
STANDARD ADDITIONAL STIPULATIONS IN PAWN TICKETS
(Appendix to Subsection 4323P.1)
1. Member:
Chamber of Pawnbrokers of the Philippines
2. I hereby authorize M_______________, whose signature appears below, to
redeem (or renew*) my pawn covered by this pawn ticket.
___________________
Signature of Representative
(Signed in the presence of pawner)
____________________
Signature of Pawner
Received by: _______________________________
Pawner/Authorized Representative
(Signed in the presence of pawnshop owner/employee)
3. Pinahihintulutan ko si G______________, na may lagda sa ibaba, para tubusin (o
mapanibago*) ang aking sangla na binanggit sa papel na ito.
_______________________
Lagda ng Kinatawan
(Nilagdaan sa harap ng nagsangla)
____________________
Lagda ng Nagsangla
Tinatanggap ko ang bagay/mga bagay na binanggit sa papel na ito:
_______________________________
Lagda ng Tumanggap
4. Received the article(s) in the same condition when pawned and redeemed.
____________________
Pawner
5. Venue of all judicial and administrative cases or proceedings and other legal
incidents arising out of or in connection with this contract shall solely and
exclusively be brought before appropriate courts, departments, offices or agencies
of the government situated in (locality of pawnshop head office).
6. The authorized representative must present valid identification papers.
7. Upon expiration of the redemption period, the pawnshop has the right to open the
sealed pawn for purposes of public auction.
8. For purposes of computing the amount of interest for pledge loans paid after
maturity date, a fraction of the original term of the loan agreed upon as indicated at
the face of the pawn ticket shall be considered as one full term.
Appendix P-4b
Page 2 of 2
9. Any one of the following:
a. In case this loan is not paid on maturity date, the pawner hereby agrees to pay
in addition to accrued interest, 2 percent per month of the principal, as
liquidated damages. For purposes of computing the amount of liquidated
damages, a fraction of the original term of the loan agreed upon as indicated at
the face of the pawn ticket shall be considered as one full term.
b. The pawnshop may at its sole option, allow redemption of pawn after expiration
of the 90-day grace period. Provided the pawner shall pay the principal plus
interest due at the rate prescribed herein and liquidated damages of 2 percent
per month on the principal, counted after grace period. For purposes of
computing the amount of liquidated damages, a fraction of the original term of
the loan agreed upon as indicated at the face of the pawn ticket shall be
considered as one full term.
c. In case this loan is not paid on maturity date, the pawner hereby agrees to pay
in addition to accrued interest, 2 percent per month of the principal, as
liquidated damages. For purposes of computing the amount of liquidated
damages, a fraction of the original term of the loan agreed upon as indicated at
the face of the pawn ticket shall be considered as one full term.
The pawnshop may, at its sole option, allow redemption of pawn after expiration
of the 90-day grace period upon payment by the pawner of the loan principal
plus interest due and liquidated damages at the rates and manner of
computation herein prescribed.
10. The pawner shall hereby notify the pawnshop of his/her intention to redeem the
pawn twenty-four (24) hours prior to actual redemption.
*As pawnshop may opt to allow/include in the pawn ticket.